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Five-Unit Apartment Building
For Sale
$947,000

116 S Main Street, Darby, MT 59829

CommercialSale, Darby, MT

Property SizeContact for details
Lot Size0.30 Acres
Days on Market274

Property Features for 116 S Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Zoning description Commercial
Parking features On Street
Interior features VaultedCeilings
Exterior features PropaneTankLeased
Lot features Level
Directions Main Street Darby to Address
Standard status Active
APN 13117614204040000
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ORIGINAL TOWNSITE, S14, TO3 N, R21 W, 12600 SQFT, LOTS 13 TO 16 BLK 13
Tax Annual Amount 4450
Legal Description ORIGINAL TOWNSITE, S14, TO3 N, R21 W, 12600 SQFT, LOTS 13 TO 16 BLK 13

Utilities

Utilities Propane
Sewer type Public Sewer
Heating system Radiant, Electric (Heating)
Water source Public

Amenities

on-site parking
high-speed internet

Building Details

Year built 1900
Number of units 5
Flooring type Laminate, Carpet
Building materials WoodSiding, WoodFrame
Roof type Composition, Metal
Listing Agency: EXIT Realty Bitterroot Valley South
Listed By: Craig W. Siphers · License #RRE-BRO-LIC-5636
Added: Nov 20, 2025 Changed: Aug 20 Last Checked: Aug 21 at 3:06AM
MLS# 30061508

Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1900, this wood-frame apartment property contains five residential units on a 0.298-acre lot in Darby. The unit mix includes two- and three-bedroom layouts, each with a full kitchen, updated bathroom, and living area. Interior details include vaulted ceilings, laminate and carpet flooring, and modernized finishes. All five units are currently rented, and separate meters support the individual residences.

The property is located at 116 S Main Street near parks, shops, restaurants, the library, and other local attractions. The site has on-street parking and access to public water and public sewer, with propane heating and high-speed internet availability. Commercial zoning, a flat lot, and a visible Main Street setting add to the property's existing functionality.

Key Highlights

  • Five fully rented residential units with a mix of 2‑bedroom and 3‑bedroom floor plans
  • 0.298‑acre lot at 116 S Main Street in Darby, MT 59829
  • 1900‑built wood‑frame building with vaulted ceilings and updated interiors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Big Box & Wholesale Store Pharmacy Cafe & Coffee Shop Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby

Demographics for 59829, MT

2,489
Population
1,362
Households
1.8
Avg Household Size
58
Median Age
25%
College-Educated
88%
High-School Grad
871.5 sq mi
ZIP Area
3
Density / Sq Mi
$63,996
Median Household Income
$29,380
Median Earnings
$963
Median Rent
$400,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated rental property with two- and three-bedroom layouts, full kitchens, and renovated bathrooms.
Where is this apartment building located?
The property is located at 116 S Main Street Darby, MT.
What is the asking price?
The asking price for this property is $947,000.
What are key features of this property?
This property features: Five fully rented residential units with a mix of 2‑bedroom and 3‑bedroom floor plans; 0.298‑acre lot at 116 S Main Street in Darby, MT 59829; 1900‑built wood‑frame building with vaulted ceilings and updated interiors
More about this property
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